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System Simulation 446-10 446-
Prof. Neil A. Duffie University of Wisconsin-Madison Wisconsin-
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Neil A. Duffie, 1996 All rights reserved
1
Utility of System Simulation
Understanding system behavior - tests on actual system may be difficult - system may

Mathematical Models of Systems - I 446 - 2
Prof. Neil A. Duffie University of Wisconsin-Madison Wisconsin-
Neil A. Duffie, 1996 All rights reserved.
Need for Mathematical Models
Must have a quantitative mathematical model in order to understand and cont